US-China tiff triggering AI, tech gold rush in Malaysia that could help it beat ‘middle income trap’
KUALA LUMPUR, Dec 7 — Malaysia is witnessing a rapid transformation as foreign investments in technology and manufacturing pour in, driven by US-China tensions and Southeast Asia’s strategic advantages. According to a new Bloomberg report, the country attracted nearly US$44 billion (RM195 billion) in foreign direct investment to Penang alone since 2019, tripling its previous…